Maxima Grupė is continuing preparations for an offering of bonds and is beginning meetings of senior management with potential investors from Continental Europe, the Nordics, the Baltics and the UK, to be held 30 August to 5 September. After the meetings with investors, bond offering will follow subject to market conditions. The planned size of the debut issue is minimum EUR 300 million and the bonds’ maturity 5 years. Listing is foreseen on the Euronext Dublin and Nasdaq Vilnius Stock Exchange.

“The aim of these meetings is to personally acquaint investors with Maxima Grupė, its results and plans and bond programme, and to answer whatever questions they have. We think the fact that we’ve been given a solid credit rating will ensure attention from investors internationally as well as in the Baltic region,” said Dalius Misiūnas, the Chairman of the Board and CEO of Maxima Grupė.

In July, the international credit rating company Standard & Poor’s assigned Maxima Grupė a BB+ credit rating with a stable outlook. Maxima Grupė thus became the first locally owned private company in the Baltics – and one of the few retailers in all of Eastern and Central Europe – to obtain and publish an international credit rating. To the company’s knowledge, the rating is the highest among European retail companies of comparable size (with annual revenue of up to EUR 4 billion).

Maxima Grupė has selected three banks as arrangers and dealers for the bond programme and the offering: BNP Paribas, Deutsche Bank and SEB Bankas.

NOTHING IN THIS ANNOUNCEMENT CONSTITUTES AN OFFER OF SECURITIES FOR SALE OR A SOLICITATION OF AN OFFER TO BUY SECURITIES IN THE UNITED STATES OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DO SO.

THE NOTES DESCRIBED IN THE BASE

PROSPECTUS HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR OTHER JURISDICTION, AND THE NOTES MAY NOT BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT (THE “REGULATION S”) EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE STATE OR LOCAL SECURITIES LAWS.

THE NOTES DESCRIBED IN THE BASE

PROSPECTUS ARE NOT INTENDED TO BE OFFERED, SOLD OR OTHERWISE MADE AVAILABLE TO AND, SHOULD NOT BE OFFERED, SOLD OR OTHERWISE MADE AVAILABLE TO ANY RETAIL INVESTOR IN THE EUROPEAN ECONOMIC AREA. FOR THESE PURPOSES, A “RETAIL INVESTOR” MEANS A PERSON WHO IS ONE (OR MORE) OF (I) A RETAIL CLIENT AS DEFINED IN POINT (11) OF ARTICLE 4(1) OF DIRECTIVE 2014/65/EU (AS AMENDED, “MIFID II”) OR (II) A CUSTOMER WITHIN THE MEANING OF DIRECTIVE 2002/92/EC, WHERE THAT CUSTOMER WOULD NOT QUALIFY AS A PROFESSIONAL CLIENT AS DEFINED IN POINT (10) OF ARTICLE 4(1) OF MIFID II.